Today is 11/16/2024

Cost of Importing Corn in China--3/9/2021

2021-03-09 www.cofeed.com
  Delivery FOB
(USD/tonne)
Freight
(USD/tonne)
CFR China
(USD/tonne) 
Without Additional Tariff (CNY/tonne) With Additional Tariff (CNY/tonne) Var.
(CNY/tonne)
Corn, US Gulf Mar 255 55 310 2347 2904 6
Apr 248 55 303 2297 2840 6
May 248 55 303 2312 2859 7
Jun 248 55 303 2312 2859 16
Jul 248 55 303 2312 2859 16
Sept 234 52 286 2201 2721 18
Dec 226 52 278 2142 2647 7
Corn, PNW Jun 271 31 302 2304 2850 7
Jul 270 31 301 2297 2841 7
Remarks: 1. Duty-paid prices include 100 yuan of port surcharges, which is just for reference.
2. Imported US corn is imposed with 25% of additional tariffs since July 6th, 2019;
and the tariffs were raised higher by 10% since December 16th, 2019, which is temporarily not imposed now.